Efficient intertemporal allocations with recursive utility.
In this article, our objective is to determine efficient allocations in economies with multiple agents having recursive, non-time-additive utility functions. Our main result is to show that in a multi-agent economy, the problem of determining efficient allocations can be characterized in terms of a...
| Publicado en: | Journal of Economic Theory Vol. 93; no. 2; pp. 240 - 260 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Academic Press Inc.
August 2000
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |